Turkey’s benchmark ISE National 100 index (XU100) rose 922.22, or 1.5 percent, to 64,186.73 yesterday.

Petkim Petrokimya Holding AS (PETKM) : Turkey’s biggest chemicals maker said the State Oil Co. of the Azerbaijan Republic, known as Socar, will raise its stake to 75 percent from 51 percent in its Turkish joint venture Socar & Turcas Enerji AS which controls Petkim. Socar will buy a 24 percent Socar & Turcas stake from partner Aksoy Holding AS, after approval by the energy regulator, Petkim said in a statement to the Istanbul Stock Exchange after the close yesterday.

Turcas Petrol AS (TRCAS) which belongs to the Aksoy group, holds a 25 percent stake in Socar & Turcas. Petkim gained 4 kurus, or 1.7 percent, to 2.47 liras, while Turcas added 3 kurus, or 0.8 percent, to 3.95 liras.

Yapi & Kredi Bankasi AS (YKBNK TI): The Turkish bank owned by UniCredit SpA and Koc Holding AS (KCHOL) , plans to get a $400 million loan with a maturity of as much as five years through a securitization transaction, it said in a statement to the bourse after the market closed yesterday. Yapi Kredi climbed 12 kurus, or 3 percent, to 4.19 liras.

Yapi Kredi Sigorta AS (YKSGR) : Turkey’s fifth-biggest non-life insurer’s premiums in the first five months were 360.6 million liras ($223 million), it said in a statement to the bourse after the close yesterday. Yapi Kredi Sigorta was unchanged at 16.15 liras.

To contact the reporter on this story: Aydan Eksin in Istanbul at [email protected]

To contact the editor responsible for this story: Shaji Mathew at [email protected]